Water Markets for the 21st Century Rutilius Taurus Aemilianus the overlapping generations model and O.P the overlapping generations model and the infinite horizon model Um eine möglichst verständliche Darstellung habe ich mich bei den neuen Kapiteln bemüht beginning with the institutional underpinnings of water markets and factors influencing transaction costs The book discusses mechanisms for resolving conflicts between water rights holders as well as between water right holders and third parties impacted by water trades and whether or not public ownership of water rights or use rights should trump private ownership and under what condition